Procurement of a Residential Funder / Registered Provider for the Affordable Housing Opportunity at Bury Interchange

Transport for Greater ManchestercontractFind a TenderRef ocds-h6vhtk-06bea2Procurement Act 2023SME suitableVCSE suitableplanned
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Estimated value

£40.0m

works

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

26 Jun 2026

Deadline 28 Jul 2026

This is a preliminary market engagement notice

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Description

TfGM is seeking a Residential Funder / Registered Provider to fund, own, manage and operate an affordable rental residential development of approximately 70-85 apartments in Bury town centre as part of the wider Bury Interchange redevelopment. The Development Partner will provide design development input and enter into contractual arrangements with TfGM, including a Collaboration, Funding and Development Agreement and long-term lease.

Scope

Reference
ocds-h6vhtk-06bea2
Total value
£40,000,000 excluding VAT
£48,000,000 including VAT
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
15 Feb 2027 to 31 Jul 2031
Main category
works
CPV classifications
45211100
45211340
70111000
70330000
Contract locations
North West England, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)

Participation

Conditions suppliers must meet to bid.

Bidders must be Registered Providers of Social Housing and hold a current published Viability grading of V1 or V2 from the Regulator of Social Housing, or demonstrate an equivalent standard of financial viability to TfGM's satisfaction. Bidders must hold, or commit to obtain before contract award, appropriate insurance levels specified in the procurement documents.

Bidders must demonstrate relevant experience of affordable housing-led development by reference to project examples meeting the minimum requirements set out in the procurement documents, including affordable housing, at least 50 units, brownfield and mid-density characteristics.

Submission & procedure

Enquiry deadline
20 Jul 2026, 11:00 am
Submission deadline
28 Jul 2026, 11:00 am
Submission address
Suppliers must express interest, access documents and submit responses through the E-Tendering portal ProContract. https://procontract.due-north.com/register Suppliers must also be registered on the Central Digital Platform and provide their CDP identifier as required by the procurement documents.
Electronic submission
Yes
Procedure
Competitive flexible procedure